Industry News

297 ships attacked in 2012 compared to 439 in 2011, according to new piracy report

Piracy on the world’s seas has reached a five-year low, with 297 ships attacked in 2012, compared with 439 in 2011, according to the latest figures published in the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) global piracy report revealed.

Radical changes in the world economy, and consequently in global transport systems, have altered the operational, organisational and, in some cases, ownership status of the port industry. Ports have become a capital intensive competitive industry, playing a crucial role in world trade, and by extension, in the world economy.